Posted: December 08, 2016
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF121416-07

Agenda Item Title:

Approve Resolution 2016-102 Resolution Writing off Uncollectable Utility Billing Accounts

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
12/14/2016
City Council Hearing Date:
12/19/2016
Staff Contact:
Pauline Sumption
Agenda Item Summary:
Every year we write off the outstanding uncollectable utility billing accounts. These originated in 2013 and total $113,112.15, down from $120,174.34 in 2015. The Water Industry Average for debt write off is 1.10% and we have a 0.34% rate this year. In addition, the collection agency collected 29.5% of the accounts that we turned over to them this year, which is up 7% from last year.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve

Login Form